Relacionar Columnas Forms of Business OrganizationVersión en línea Vocabulary terms por carlos sosa 1 double taxation 2 preferred stock 3 principal 4 interest 5 unlimited liability 6 Bond 7 Sole Proprietorship 8 charter 9 common stock 10 stock 11 corporation 12 limited partnership 13 partnership 14 dividend 15 stockholders or shareholder 16 general partnership 17 limited life 18 inventory unincorporated business owned and operated by two or more share the profits and responsibility for debts. requirement that an owner is personally and fully responsible for all losses and debts of business formal contract to repay borrowed money with interest amount borrowed when getting a loan or issuing a bond form of partnership where one or more partners are not active in the daily running of the business and have limited responsibility for debts check that transfer a portion of the company profits to stockholders, usually quarterly most frequently used form of corporate ownership, with one vote per share for stockholder situation in which a firm cease to exist when an owner dies, quits, or sells the business. from of corporate ownership without vote, in which stockholders get their investments back before common stockholders payment made for the use of borrowed money business owned and run by a single person who has the rights to all profits and unlimited liability for all debts of the firm people who own a share of stock in a corporation form of partnership where all partners are equally responsible for management and debts certificate of ownership in a corporation written government approval to establish a corporation stock of finished goods and parts held in reserve form of business organization recognized by law as a separate legal entity taxation of dividends both as corporate profit and as personal income
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